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Analysis of Starbucks Corporation's Disclosures

Upon reviewing the financial reports and disclosure notes contained in the 2004 Annual Report for Starbuck's Corporation, it appears that the company uses basic accounting principles when preparing their reports. Their methods for recording and reporting cash and cash equivalents, inventories and receivables follow GAAP and are fairly standard.

Starbucks Corporation reports cash and cash equivalents as one item on their balance sheet. There are several disclosure notes in the "Notes to Consolidated Financial Statements" that give more detail about what items go into this category, and how these items are managed. For example, in Note 1, "Summary of Significant Accounting Practices", the company gives a basic description of what they consider to be cash equivalents. Their definition, "all highly liquid instruments with a maturity of three months or less at the time of purchase (Starbucks Corporation Annual Report 30)," is a......



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Title: Analysis Of Starbucks Corporation's Disclosures
Approximate Word Count: 601
Approximate Pages: 3 (250 words per double-spaced page)

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    Analysis of Starbucks Corporation's Disclosures. Analysis of Starbucks
    Corporation's Disclosures Upon reviewing the financial reports ... ...

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